Bitcoin margin call 21000

bitcoin margin call 21000

0.00010199 btc to usd

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Michael Saylor Responds to Bitcoin $21,000 Margin Call
In May, Phong Le, MicroStrategy's president, said on a call Bitcoin would need to reach around US$21, before the company would have a margin call. But. MicroStrategy said it would face a margin call on some of its bitcoin holdings if the crypto falls to $21, � MicroStrategy has amassed more. If BTC falls and stays below $21,, the event would trigger a margin call on MicroStrategy's loan, a potentially disastrous event that would.
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Worry not. Paytm plunges on RBI crackdown. MicroStrategy could avoid being forced to sell its bitcoin at a lower price than it bought it if the company adds more collateral to its loan, he said.